Russia is a large and wealthy country, but business in Russia has a number of specific features.
Corruption is developed in Russia, and despite the country’s wealth, most of it belongs to a limited circle of people.
If you want to start a business in Russia, you need to conduct a preliminary study of the area in which you intend to do business.
- Find out who owns the companies you intend to do business with.
- Check the reliability of your future business partners and contractors.
- Conduct general business intelligence.
Only with reliable public information can you start your business in Russia.
Many businessmen in Russia have connections with corrupt officials, and it is not uncommon for a company to be owned by a high-ranking official and the company is run by other people.
Business connections with criminals are not uncommon, dating back to the “dashing 90s”, when the government was weak and business was protected by criminals.
Certain activities in Russia fall within the sphere of influence of the country’s government and the people around the president.
There is a saying in Russia: “In many countries there is a mafia, but only in Russia the mafia has a country.”
The courts, police, tax service, and investigative committee in Russia are under the control of senior government officials. The court can make a decision that is contrary to the law and common sense only because this decision is beneficial to some of the officials holding a high position.
All of these situations can be avoided by taking a series of activities in advance. Collect the necessary information to understand how to proceed.
Our agency can provide the necessary consultations, conduct business intelligence and help you enlist support in Russia.